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The Jackpot rose to a Whopping $ 640 000 000: FAT cash but Chances of winning are very, very SLIM! People across US lined up to buy their Lottery tickets with great hopes of pulling it off and getting America’s Winning Ticket – The biggest in world’s history. Richard Lustig, seven-time lotto winner says “You can actually game it, it is not a Scam.” “There is a method.” Well… I haven’t figured what that method is and neither bought Richard’s book! But here are some Quick Facts 🙂

Jackpot – $ 640 000 000

Take Home – $ 462 000 000

Odds of winning – 1 in $ 176 000 000

Uncle Sam’s Share – $ 161.7 000 000

State Share – ZERO for New Hampshire, Tennessee, Texas, South Dakota and Washington (don’t have a state income tax). Also Exempt – California, Pennsylvania and Delaware

For remaining States, The State tax varies between 3% – 12.69%

If you are a New York resident, you will have to pay another 3.87% to City Tax! That’s a whopping Tax of 12.69! Sweet, NOT!